The Indian Express 05.12.2013
Property tax: Dhandari Kalan traders to pay Rs 4,500 per sq yard
Industrialists having their units in Dhandari Kalan, phase 1-4, will
now have to pay property tax at collector rate of Rs 4,500 per square
yard instead of Rs 8,200 per square yard.
Members of the Confederation of Indian Industries (CII) said that
the collector rate for all industrial properties in industrial area
Dhandari Kalan, phase 1-4, was Rs 4,500 per square yard.
Rahul Ahuja, chairman of CII Ludhiana, said that they even got a
stamped document from the Deputy Commissioner’s office that in 2012-13,
Rs 4,500 was the collector rate while the Municipal Corporation had
asked everyone to pay on the basis of Rs 8,200 collector rate which is
the price of commercial properties in that area.
Ahuja said that after having the signed document with them,
industrialists have been advised to pay property tax as per the
collector rate of industrial properties and the commercial sector should
pay as per Rs 8,200 per square yard. This would reduce the tax slab
for industrial properties, he added.
MC Commissioner Rahul Tewari says that every one can pay tax as
per prevailing collector rate and through self- assessment. “In case
more tax is paid by someone, we will refund it,” he added.
Already Deputy Chief Minister Sukhbir Singh Badal had announced
exemption of 25% on collector rate to deposit property tax and
industrialists were told to pay property tax on 75% of the collector
rate. Further, 10% more concession can be availed if the tax is paid
till November 30. However, collector rate of Rs 4,500 per square yard is
in Dhandari Kalan, phase 1-4, only and the remaining phases 5-8 have no
mention in the revenue department.
Ahuja said, “Industrialists in the other phases should follow the
same rule because even they have industrial properties. Hence, they
must file tax at Rs 4,500 per square yard collector rate only.”
Industrialists had asked the CM that they should be given rebate to pay
tax on 50% of collector rate, but that demand is still pending.
